Called the Raspberry Pi "hack day," the competition will pit 100 entrants against one another in a number of categories using only the board, Internet access, soldering irons, and as much coding as they think appropriate.

Participants will have 24 hours to complete projects, at the end of which judges will category winners will be awarded from a variety of prizes including camcorders, Android tablets, and the geek must-have, the Hubsan H107 Quadcopter.

Categories include Best Hardware Hack, Best Software Hack, Best Game, Best Team, and Best Individual.

The best overall winner will also be given a tour of Sony's Welsh factory in which the Raspberry Pi is manufactured.

"Raspberry Pi is revolutionizing the tech market and we wanted to host the UK's first dedicated hack-day to celebrate the most talked about gadget of 2012," said CPC marketing head David Deventer. "We can't wait to bring Britain's best minds together for 24 hours of the most creative computing and watch the magic happen."